Nigeria, Oct. 23 -- African business leaders are increasingly prioritising artificial intelligence (AI) investment, but only 14 per cent believe their organisations are keeping pace with or moving ahead of AI developments.

Meanwhile, 66 per cent of global business leaders are moving ahead of AI developments, according to a new KPMG survey.

The survey also found that 72 per cent of African chief executive officers (CEOs) identify AI as a top investment priority.

This highlights a gap between businesses' ambitions to adopt the technology and their readiness to deploy it.

The findings are contained in the 2026 KPMG Africa CEO Outlook, launched in Ikoyi, Lagos, on Thursday.

The report examines business leaders' growth expectations, inves...